Global Transcranial Magnetic Stimulation System Market Size & Outlook

The transcranial magnetic stimulation system industry worldwide is expected to reach a projected revenue of US$ 2,263.8 million by 2030. A compound annual growth rate of 9.1% is expected of the worldwide transcranial magnetic stimulation system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,233.4
Forecast, 2030 (US$M)
$2,263.8
CAGR, 2024 - 2030
9.1%
Report Coverage
Worldwide

Global transcranial magnetic stimulation system market, 2018-2030 (US$M)

Related Markets

Global transcranial magnetic stimulation system market highlights

  • The global transcranial magnetic stimulation system market generated a revenue of USD 1,233.4 million in 2023 and is expected to reach USD 2,263.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.1% by 2030.
  • In terms of segment, repetitive transcranial magnetic stimulation (rtms) accounted for a revenue of USD 476.2 million in 2023.
  • Deep Transcranial Magnetic Stimulation (dTMS) is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,233.4 million
Market revenue in 2030USD 2,263.8 million
Growth rate9.1% (CAGR from 2023 to 2030)
Largest segmentRepetitive transcranial magnetic stimulation (rtms)
Fastest growing segmentDeep Transcranial Magnetic Stimulation (dTMS)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDeep Transcranial Magnetic Stimulation (dTMS), Repetitive Transcranial Magnetic Stimulation (rTMS)

Other key industry trends

  • In terms of revenue, the North America accounted for 31.1% of the global transcranial magnetic stimulation system market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 61.9 million by 2030.

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Transcranial Magnetic Stimulation System Market Companies

Name Profile # Employees HQ Website

Global transcranial magnetic stimulation system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to transcranial magnetic stimulation system market will help companies and investors design strategic landscapes.


Repetitive transcranial magnetic stimulation (rtms) was the largest segment with a revenue share of 38.61% in 2023. Horizon Databook has segmented the Global transcranial magnetic stimulation system market based on deep transcranial magnetic stimulation (dtms), repetitive transcranial magnetic stimulation (rtms) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Transcranial Magnetic Stimulation System Type Outlook (Revenue, USD Million, 2018-2030)
    • Deep Transcranial Magnetic Stimulation (dTMS)
    • Repetitive Transcranial Magnetic Stimulation (rTMS)
    • Others
  • Global Transcranial Magnetic Stimulation System Application Outlook (Revenue, USD Million, 2018-2030)
    • Alzheimer's Disease
    • Depression
    • Parkinson's Disease
    • Epilepsy
    • Others
  • Global Transcranial Magnetic Stimulation System Age Group Outlook (Revenue, USD Million, 2018-2030)
    • Adults
    • Children

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Horizon Databook provides a detailed overview of global-level data and insights on the Global transcranial magnetic stimulation system market , including forecasts for subscribers. This global databook contains high-level insights into Global transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global transcranial magnetic stimulation system market size, by region, 2018-2030 (US$M)

Top 10 countries: Transcranial magnetic stimulation system market size, 2023 (US$M)

Global transcranial magnetic stimulation system market share, by type, 2023 & 2030 (%, US$M)

Transcranial magnetic stimulation system market: Opportunity assessment by country

Global transcranial magnetic stimulation system market, by region, 2023 (US$M)

Global transcranial magnetic stimulation system market size, by region, 2018-2030 (US$M)

Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 287.6 309.4 252.4 330.2 355.8 383.5 413.6 446.3 481.7 520.3 562.2 607.7 657.3 8.0%
Europe 251.3 272.4 223.9 295.3 320.6 348.4 378.7 412.0 448.4 488.3 532.1 580.1 632.8 8.9%
Asia Pacific 177.7 195.4 162.8 217.7 239.6 263.8 290.6 320.3 353.2 389.6 430.0 474.8 524.4 10.3%
Latin America 110.0 120.1 99.4 131.9 144.2 157.8 172.7 189.2 207.3 227.3 249.3 273.7 300.5 9.6%
MEA 56.7 61.7 50.9 67.3 73.4 80.0 87.2 95.2 104.0 113.6 124.2 135.9 148.7 9.3%
Overall 883.4 959.0 789.3 1,042.4 1,133.6 1,233.4 1,342.9 1,462.9 1,594.6 1,739.1 1,897.8 2,072.1 2,263.8 9.1%

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